About Econets Private Limited
Data last updated:
Econets Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 23 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2004PTC145274. Its GSTIN is 27AABCE3248C1Z1 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹9.3 Lakh. It is led by directors including Deepak Baburao Birewar and Neeta Ajit Naik.
Its last annual general meeting (AGM) was held on 22 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot – C – 20 'G' Block Near Mca Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inventys.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot – C – 20 'G' Block Near Mca Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Services, Business Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Econets Private Limited
The main business activity of Econets is transport and storage. In detail, this covers warehousing and storage.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Econets Private Limited FY 2024 filings available
Econets Private Limited reported revenue of ₹1,556 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Econets Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Econets Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Econets Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Econets are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Econets Private Limited
Econets Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Business Auxiliary Services, Cold Storage and Warehousing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biswamata Heemghar Private Limited | •••• | •••• | •••• | •••• | - | Midnapore, West Bengal, India |
| Gadhvi Communication and Establishment Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Netmoney Pprivate Limited | •••• | •••• | •••• | •••• | - | Vapi, Gujarat, India |
| SMM Mannat Height Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Jetha Business Services Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Econets Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Novel Star Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Hope Scientific (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Boxme Storage and Logistics Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Venkatesh Cold Storage Private Limited | •••• | •••• | •••• | •••• | - | Nargund, Karnataka, India |
| Retailindia Leaders Association | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Econets by revenue in the Transport and Logistics industry (Business Auxiliary Services, Cold Storage and Warehousing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Econets Private Limited
Econets Private Limited is audited by VINAY BHUSHAN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINAY BHUSHAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Econets Private Limited
Econets has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Baburao Birewar Also directs: Inventys Research Company Private Limited | Director | 23 Mar 2004 | 22 Years 6 Months | Current |
| Neeta Ajit Naik Also directs: En1 Neuro Services Private Limited | Director | 23 Mar 2004 | 22 Years 6 Months | Current |
| Shobana Birewar | Additional Director | 02 Sep 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Econets Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Econets Private Limited
Econets Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Econets Private Limited
Employment history and EPFO contributions of people linked to Econets.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Econets Private Limited
Econets Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Deepak Baburao Birewar ceased to be Managing Director on 08 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Econets Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Econets Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Econets Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Econets Private Limited
Econets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE3248C1Z1 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Econets Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Econets Private Limited
Econets is an active private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 23 March 2004 (22+ years old) and is registered under CIN U30007MH2004PTC145274.
Econets has 3 current directors:
- Deepak Baburao Birewar - Director
- Neeta Ajit Naik - Director
- Shobana Birewar - Additional Director
The GSTIN of Econets is 27AABCE3248C1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Econets is U30007MH2004PTC145274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Econets was incorporated on 23 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Econets by revenue are Biswamata Heemghar Private Limited, Gadhvi Communication and Establishment Private Limited, Netmoney Pprivate Limited, SMM Mannat Height Private Limited, Jetha Business Services Pvt Ltd and 5 more, all in the Transport and Logistics industry (Business Auxiliary Services, Cold Storage and Warehousing).
Deepak Baburao Birewar ceased to be Managing Director on 08 Jun 2017. Shobana Birewar was appointed as Additional Director on 02 Sep 2016. Alka Baburao Birewar ceased to be Director on 30 Mar 2010. Econets has 6 board changes on record in total.
Econets can be reached through the website inventys.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Econets is at Plot – C – 20 G Block Near Mca Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Econets has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹9.3 Lakh.
Econets operates in the business services industry, in the business support services segment.